GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bullion Gold Resources Corp (TSXV:BGD) » Definitions » Accounts Receivable

Bullion Gold Resources (TSXV:BGD) Accounts Receivable : C$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Bullion Gold Resources Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bullion Gold Resources's accounts receivables for the quarter that ended in Dec. 2023 was C$0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bullion Gold Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.01.


Bullion Gold Resources Accounts Receivable Historical Data

The historical data trend for Bullion Gold Resources's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bullion Gold Resources Accounts Receivable Chart

Bullion Gold Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Bullion Gold Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Bullion Gold Resources Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Bullion Gold Resources Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

Bullion Gold Resources's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Bullion Gold Resources's accounts receivable are only considered to be worth 75% of book value:

Bullion Gold Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.435+0.75 * 0+0.5 * 0-0.052
-0-0)/53.5082
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Bullion Gold Resources Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Bullion Gold Resources's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Bullion Gold Resources (TSXV:BGD) Business Description

Traded in Other Exchanges
Address
410, rue Saint-Nicolas, Suite 236, Montreal, QC, CAN, H2Y 2P5
Bullion Gold Resources Corp is a mineral exploration company. The company is an exploration stage company engaged in the operating segment of exploration and development of exploration and evaluation assets in British Columbia, Canada.

Bullion Gold Resources (TSXV:BGD) Headlines

No Headlines